Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close
In May, the largest amount since February 2022—the total value locked (TVL) in decentralized finance (DeFi) applications—reached $192 billion, according to a report by blockchain analytics company DappRadar. There was a 21% drop in the number of distinct active wallets using DeFi, even though TVL increased. May saw a 17%
Retik Finance (RETIK) has captured the attention of the cryptocurrency world by soaring to a $3 all-time high shortly after its listing. This meteoric rise, which saw the token increase by 2000% within hours, not only showcases the power of decentralized finance (DeFi) but also eclipses the previous all-time high
In the bustling world of cryptocurrency, stories of significant financial gains are not uncommon. However, a remarkable tale of a college student who made an astonishing $3,400,000 trading cryptocurrencies from his dorm room in 2023 has captured the attention of both crypto enthusiasts and the general public alike. Now, this
Real-world assets (RWA) protocols and platforms are beginning to tokenize long-since illiquid assets into accessible and far more versatile RWAs. This advancement has established a bridge between the world of traditional finance (TradFi) and the freedom of decentralized finance (DeFi), breaking down barriers thought immovable. Taking a step away from
The dynamic landscape of decentralized finance (DeFi) is witnessing a revolutionary advancement with the introduction of OPUR AI. This cutting-edge platform is set to redefine smart contract auditing and analysis, offering a comprehensive suite of tools to cater to the evolving needs of developers and investors in the DeFi space.
The much-anticipated vote on UNI staking and delegation incentives, which was scheduled for May 31, has been postponed by the Uniswap Foundation, the group in charge of the decentralized exchange Uniswap. The foundation delayed the vote in response to a stakeholder’s concern, as revealed on X. The decision-making process was
Few names have recently captured the market’s attention like Retik Finance (RETIK) in the often turbulent world of cryptocurrencies. Touted as the next big thing in decentralized finance (DeFi), Retik Finance is about to make a major splash.By the end of 2024, RETIK might reach $10, according to a well-known
The Decentralized Finance (DeFi) ecosystem has come a long way since the yield farming craze that fueled the 2020/2021 bull run. At the time, most of the protocols were launching solely on the Ethereum blockchain; however, with transaction fees skyrocketing, alternative Layer 1 blockchains such as Solana and Layer 2
Ethereum’s scaling issue is not a new topic of discussion in the crypto realm; this pioneering smart contract blockchain is notorious for high gas fees due to its limited throughput during periods of high activity. One of the main reasons behind the limited scalability is the sequential nature of Ethereum’s
